16675 Florence DR Save Request In-Person Tour Request Virtual Tour
Desert Hot Springs,CA 92240
Key Details
Property Type Single Family Home
Listing Status Active Under Contract
Purchase Type For Sale
Subdivision Not Applicable-1
MLS Listing ID 219134089DA
Year Built 1973
Lot Size 7,405 Sqft
Property Description
Cash-Flowing Duplex in Desert Hot Springs!Turnkey investment opportunity with two fully rented units and long-term tenants. Each unit offers 2 bedrooms / 1 bathroom, plus Unit B includes a bonus room and a laundry room with hookups. Approx. 729 sq. ft. (Unit A) and 1,053 sq. ft. (Unit B). Unit A rents for $1,295/mo. + $30/mo. for storage, Unit B at $1,075/mo.Property highlights include:6 parking spaces + street parkingSeparate gas & electric metersRenovated in 2014 with modern upgradesWall A/C units, tile flooring, and enclosed storage room360 Coachella Valley mountain viewsCrime Free Multi-Housing certifiedWith actual rents below market, there's strong potential for increased income. This is a low-maintenance, cash-generating duplex perfect for an armchair investor.
Location
State CA
County Riverside
Area 340 - Desert Hot Springs
Interior
Heating Central,Propane
Cooling Central Air
Flooring Carpet,Tile
Inclusions All personal property owned by Seller.
Exterior
Parking Features Shared Driveway
View Y/N Yes
View Desert,Mountain(s)
Roof Type Composition
Building
Story 1
Foundation Slab
Sewer Septic Tank
New Construction No
Others
Acceptable Financing Cash,Cash to New Loan,1031 Exchange
Listing Terms Cash,Cash to New Loan,1031 Exchange
Special Listing Condition Standard